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NASDAQ: APPS
Digital Turbine Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for APPS

Based on 4 analysts offering 12 month price targets for Digital Turbine Inc.
Min Forecast
$19.00+6.56%
Avg Forecast
$27.75+55.64%
Max Forecast
$40.00+124.34%

Should I buy or sell APPS stock?

Based on 4 analysts offering ratings for Digital Turbine Inc.
Strong Buy
Strong Buy
2 analysts 50%
Buy
2 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their APPS stock forecasts and price targets.

APPS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Bottom 18%
18
Strong BuyInitiates Coverage On$24.00+42.35%2022-10-17
B. Riley Securities
Bottom 12%
12
Strong BuyMaintains$28.00+66.07%2022-10-05
Oppenheimer
Top 15%
86
BuyMaintains$19.00+12.69%2022-10-04
Macquarie
Bottom 9%
9
BuyMaintains$40.00+137.25%2022-06-01Find out why

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Forecast return on equity

Is APPS forecast to generate an efficient return?
Company
35.4%
Industry
0.43%
Market
12.58%
APPS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is APPS forecast to generate an efficient return on assets?
Company
14.99%
Industry
0.18%
APPS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

APPS earnings per share forecast

What is APPS's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.23+123.64%
Avg 2 year Forecast
$1.56+183.64%
Avg 3 year Forecast
$1.79+225.45%
APPS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

APPS revenue forecast

What is APPS's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$755.7M-1.15%
Avg 2 year Forecast
$927.3M+21.3%
Avg 3 year Forecast
$1.2B+60.2%
APPS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

APPS earnings growth forecast

How is APPS forecast to perform vs Software - Application companies and vs the US market?
Company
48.98%
Industry
47.09%
Market
24.31%
APPS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
APPS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
APPS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

APPS revenue growth forecast

How is APPS forecast to perform vs Software - Application companies and vs the US market?
Company
16.08%
Industry
18.81%
Market
9.4%
APPS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
APPS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

APPS vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
APPS$16.86$27.75+64.59%Strong Buy
COMP$3.72$5.38+44.49%Buy
AMPL$14.21$17.89+25.89%Buy
MODN$42.28$44.00+4.07%Buy
ACVA$9.66$16.11+66.78%Strong Buy
View Top App Stocks

Digital Turbine Stock Forecast FAQ

Is Digital Turbine Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: APPS) stock is to Strong Buy APPS stock.

Out of 4 analysts, 2 (50%) are recommending APPS as a Strong Buy, 2 (50%) are recommending APPS as a Buy, 0 (0%) are recommending APPS as a Hold, 0 (0%) are recommending APPS as a Sell, and 0 (0%) are recommending APPS as a Strong Sell.

If you're new to stock investing, here's how to buy Digital Turbine stock.

What is APPS's earnings growth forecast for 2023-2025?

(NASDAQ: APPS) Digital Turbine's forecast annual earnings growth rate of 48.98% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 47.09%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 24.31%.

Digital Turbine's earnings in 2023 is $53,700,000.On average, 2 Wall Street analysts forecast APPS's earnings for 2023 to be $121,790,701, with the lowest APPS earnings forecast at $119,810,364, and the highest APPS earnings forecast at $122,780,869. On average, 2 Wall Street analysts forecast APPS's earnings for 2024 to be $154,466,255, with the lowest APPS earnings forecast at $150,505,582, and the highest APPS earnings forecast at $157,436,760.

In 2025, APPS is forecast to generate $177,240,126 in earnings, with the lowest earnings forecast at $177,240,126 and the highest earnings forecast at $177,240,126.

What is APPS's revenue growth forecast for 2023-2025?

(NASDAQ: APPS) Digital Turbine's forecast annual revenue growth rate of 16.08% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.81%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.4%.

Digital Turbine's revenue in 2023 is $764,445,000.On average, 3 Wall Street analysts forecast APPS's revenue for 2023 to be $74,826,028,263, with the lowest APPS revenue forecast at $73,440,782,811, and the highest APPS revenue forecast at $76,358,808,791. On average, 3 Wall Street analysts forecast APPS's revenue for 2024 to be $91,817,613,341, with the lowest APPS revenue forecast at $83,748,434,814, and the highest APPS revenue forecast at $106,698,555,671.

In 2025, APPS is forecast to generate $121,260,960,860 in revenue, with the lowest revenue forecast at $95,580,945,999 and the highest revenue forecast at $146,940,975,720.

What is APPS's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: APPS) forecast ROA is 14.99%, which is higher than the forecast US Software - Application industry average of 0.18%.

What is APPS's Price Target?

According to 4 Wall Street analysts that have issued a 1 year APPS price target, the average APPS price target is $27.75, with the highest APPS stock price forecast at $40.00 and the lowest APPS stock price forecast at $19.00.

On average, Wall Street analysts predict that Digital Turbine's share price could reach $27.75 by Oct 17, 2023. The average Digital Turbine stock price prediction forecasts a potential upside of 64.59% from the current APPS share price of $16.86.

What is APPS's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: APPS) Digital Turbine's current Earnings Per Share (EPS) is $0.55. On average, analysts forecast that APPS's EPS will be $1.23 for 2023, with the lowest EPS forecast at $1.21, and the highest EPS forecast at $1.24. On average, analysts forecast that APPS's EPS will be $1.56 for 2024, with the lowest EPS forecast at $1.52, and the highest EPS forecast at $1.59. In 2025, APPS's EPS is forecast to hit $1.79 (min: $1.79, max: $1.79).

What is APPS's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: APPS) forecast ROE is 35.4%, which is considered strong.
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